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The Development Of The Activity Of Banks With Foreign Capital In Central And Eastern Europe

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  • RADULESCU MAGDALENA

    (UNIVERSITY OF PITESTI, ROMANIA)

Abstract

The privatization has as purpose to reestablish the functionality of a type of property under the public agreement. The privatization of banks brings both positive and beneficial aspects, but also some notions with a negative impact that influence the capital markets and banking system. Among the benefits we can include: the increase of the effectiveness and performance of the banking operations, the implementation of some effective structures that lead to the gradual integration of the banking system into the greatly developed economies, the improvement and perfecting of the bank services. In Romania, the privatization of banks started rather late and in some cases it turned up to be very difficult. Romanian banking system is dominated by the Austrian and Greek investors. The Romanian banking system is very concentrated, but the intermediation level is still lower than in other European or Eastern European countries.

Suggested Citation

  • Radulescu Magdalena, 2014. "The Development Of The Activity Of Banks With Foreign Capital In Central And Eastern Europe," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 89-93, April.
  • Handle: RePEc:cbu:jrnlec:y:2014:v:2:p:89-93
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    References listed on IDEAS

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    1. Bonin, John P. & Hasan, Iftekhar & Wachtel, Paul, 2005. "Privatization matters: Bank efficiency in transition countries," Journal of Banking & Finance, Elsevier, vol. 29(8-9), pages 2155-2178, August.
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    Cited by:

    1. R. Malar KUMARAN, & Alexandru Mircea NEDELEA, 2017. "Romanian Banks: Growth And Achievement," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 6(2), pages 1-21, July.

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